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South East

º£½ÇÊÓƵ economy grows marginally in last three months of 2025
By City AM
It fell short of the 0.2 per cent forecast as the services sector registered zero growth
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Hundreds of jobs saved as ambulance firms sold in pre-pack deal
Insolvency and Administration
RSM advised on deal for Spark Medical and Medi 4 Ambulance Services
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Heathrow Airport warns it could lose European crown without expansion
Transport
It has said it could lose the title of busiest airport
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º£½ÇÊÓƵ steel industry has ‘two months to be saved’, warns Tata Steel
Politics
A company boss has told MPs the industry is 'teetering on the brink'
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British chip start-up to invest £100m in º£½ÇÊÓƵ operations as government urges tech firms to 'take bold risks'
Technology
AI minister Kanishka Narayan has called for greater investment in British technology in a speech to the AI community
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Tesco to open more Express stores as it snaps up Amazon Fresh sites
Retail
Tesco already has more than 2,000 Express stores in the º£½ÇÊÓƵ and Ireland
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Cornwall to London daily flights could face axe over cost
Transport
Cornwall Council's ruling cabinet is likely to drop the daily subsidised flights from Newquay to the capital
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NatWest snaps up Evelyn Partners for £2.7bn and launches share buyback
Deals
The banking giant, which returned to privatisation last year, has sealed a deal to purchase the firm from its private equity owners
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Bank of England set to keep interest rates on hold
Economy
Inflation bounced back in December, rising for the first time in five months
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Finance chief of FTSE-100 manufacturer Spirax quits RS Group board
South West
Louisa Burdett has stepped down as non-executive director and audit committee chair
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Crayola pledges multimillion-pound º£½ÇÊÓƵ investment to double business
South East
US crayon maker opens new Woking office creating 23 jobs as part of three-year expansion plan
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Co-op to open 18 new and refurbished stores across º£½ÇÊÓƵ
The Co-operative
The retailer has announced plans to open a mix of new Co-op stores and outlets reopening after refurbishment, ranging from Sussex to Stirling
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Santander to shut 44 bank branches with 291 jobs at risk
Retail & High Street
The high street bank has said the closures are part of an 'overhaul' of its network
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º£½ÇÊÓƵ government selects seven companies to design 'futuristic drones' for use in battle
Armed Forces
BAE Systems, Leonardo and Tekever are among the defence firms chosen to put forward designs
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Ryanair's profits fall amid Italy fine and airline warns over Ukraine and Middle East
Ryanair
The budget carrier flew 47.5 million passengers in the third quarter of the financial year
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Babcock chief David Lockwood to step down after shares grow sixfold
People
He will retire at the end of the year after five-year tenure
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£453m RAF Typhoon upgrade to 'jam enemy systems' will secure hundreds of º£½ÇÊÓƵ jobs
North West
Defence Secretary John Healey says 'we need to keep our planes, our pilots, ahead of adversaries'
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Number of workers on four-day week rises, research shows
Employment
London has the highest number of newly accredited companies, followed by Scotland and the North West
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º£½ÇÊÓƵ borrowing hits £140.4bn, exceeding OBR forecast amid fiscal challenges
Economy
Public sector borrowing stood at £11.6bn during December
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º£½ÇÊÓƵ comms group working with Tesco and Hasbro strikes deal for content agency
Deals
PrettyGreen said the deal for PinPoint Media was part of its "long-term growth strategy"
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Food giant Greencore completes £1.2bn Bakkavor takeover
Deals
The firms had to address concerns from the º£½ÇÊÓƵ’s competition regulator and have now received approval
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Taylor Wimpey cuts 2025 earnings guidance after slowdown amid budget uncertainty
Housing
Housebuilder saw shares fall as much as 6% in morning trading after it lowered its operating profit forecast to around £420m for 2025
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Coca-Cola 'scraps Costa Coffee sale' after bids fall below target
Costa Coffee
Offers from private equity firms including Asda owner TDR Capital for coffee chain fell short of expectations
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TGI Fridays º£½ÇÊÓƵ shuts 16 restaurants with 456 job losses after administration
Retail & Consumer
The brand, which opened its first º£½ÇÊÓƵ site in 1987, said it will keep most of its sites open after securing a rescue deal
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